TMGM Trading Platform – Review, Top Features, Set-up Process, Benefits & more
Last Updated Date: Nov 17, 2022Find out everything about TMGM Trading Platform here.
TradeMax Global Markets which is popularly known as TMGM is a popular Australian forex and ECN broker that was established in 2013.
The trading company has several branches throughout the world and is regulated and monitored by the Australian Securities and Investment Commission (ASIC), Financial Markets Authority New Zealand (FMA), and the Vanuatu Financial Services Commission (VFSC).
The broker also possesses an Australian financial services license which allows the traders to segregate the client fund from the company funds in tier one national Australia Bank Accounts.
Whenever you are trading using TMGM, you are allowed to trade using 15,000 plus financial CFD instruments that cover 7 asset classes that include Forex, energies, matters, commodities, cryptocurrencies, shares, and indices from various countries like the US, Australia, and Hong Kong.
About TMGM Trading Platform
There are two types of trading processes, one is the traditional or offline process and another one is the online trading process.
With the advancement of technology, most trading companies nowadays provide online trading services.
To access these services you can visit the official website of the company or you can use the trading applications provided by them.
TMGM has developed a trading platform that is a powerful tool that has all the exclusive and premium trading instruments which help the trader in the trading process.
These trading platforms can be downloaded free of course from the official website of the company and these are made available for Windows, Mac, web, Android, and iPhone browsers.
Like most of the other trading companies, TMGM has developed three types of trading platforms or trading terminals for all its users.
Each platform has unique benefits and you must select them according to your needs.
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TMGM Trading Platform – Top Features
In this part of the article, we would be discussing the exclusive and premium features that the trading platforms provide for their users.
The broker provides three types of trading platforms that are suitable both for beginners and advanced level traders and with the help of these platforms the users are allowed to trade on multiple asset classes.
TMGM MetaTrader 4 or MT4
TMGM MetaTrader 4 trading platform is for desktop browsers and web browsers and offers exclusive features like:
- It allows the traders to avail themselves of algorithmic trading via EAs.
- Faster and quicker execution of orders
- The trading platform can backtest strategies developed by the clients
- Technical drawing tools and indicators are also available
- A one-click reading feature is also available
- The users are allowed to trade using 30 indicators and 24 graphical objects for technical analysis
- The traders can view real-time quotes in the market watch
- Four types of pending orders are available that include stop orders and trailing stops
- 70 paid indicators
- 1700 + trading robots in 2100 technical indicators
- Export advisors are available for automated trading.
TMGM MetaTrader 5
The MetaTrader 5 trading platform is a successor of the MetaTrader 4 and is now available for desktop download and download via web browsers.
Some of the exclusive features include:
- Six types of pending orders
- 21 different time frames are available
- Automated reading via expert advisors is available
- MT5 depth of market tool is available
- Additional order types and chart time frames are available
- The largest selection of trading tools are available and a multi-currency strategy tester is also available.
TMGM IRESS Viewpoint
This trading platform is exclusively available for web browsers and some of the exclusive features provided by this platform are:
- No download is required with simply means that you can directly access the platform from browsers
- You can view real-time price streaming
- The traders are allowed to manage multiple portfolios
- The traders are allowed access to exchange pricing and market depth.
- Allows the users access to live news flow
HubX
HubX is the company-owned trading platform that was created from scratch by TMGM along with the fund managers.
With its advanced technology and cutting-edge futuristic functions, the platform helps all the fund managers manage all their client activities and also helps them to continue risk allocations more efficiently and easily.
The platform has an advanced portfolio adjustment tool that helps the client take full control of their investment in an easy and intuitive process.
HubX’s smart logs and journals help the users and the portfolio managers to keep track of all the important transaction information thus making it a transparent environment for the clients to monitor their daily trading performance.
How to set up a TMGM Trading Terminal?
To set up the trading terminal you must follow a simple business and the whole process can be completed quite easily.
Also, the trading terminal can be accessed from various platforms that include Windows from a Mac for my Android and iOS plus making it easily accessible.
- On the first step, the traders have to register themselves with TMGM and open a trading account with the company
- Now, you have to select the trading platform that would suit your various needs and you can get started with your trading experience.
- The trading terminal is available for download on the official website of the company. All you have to do is select the platform on which you want to run the platform.
- After downloading the software you must install it and run it.
- Now the trading application will open and you can log in with the username and password available in your email after registration.
- Make sure to explore all the trading instruments and other software that are available in the trading platform before starting with the trading process.
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How to Use TMGM Web Trading Platform?
- Firstly, you have to visit the official website of TMGM and click on the open and trading account app.
- Now you will be redirected to the application page where some of the necessary details like name, address, contact details, preference of trading platform, bank account, and some other details are required and then you must click on submit.
- Now you will be prompted for the EKYC verification where you have to verify your identity by uploading a scanned copy of an identity card.
- After successful verification of your identity, your trading account will be activated and the login credentials will be sent to your email address.
- Now you can log in to your trading account via the trading platform or the web trading platform. You can add funds directly from the trading platform into your trading account and you can start trading.
- Remember to change the password after the first login.
Advantages of TMGM Trading Platform
Some of the exclusive advantages that the traders will enjoy whenever they are trading with TMGM trading platforms are:
- The trading platforms and the company is strictly regulated by strict governing bodies
- The traders can enjoy up to 15,000 trading instruments
- Traders can enjoy tighter spreads and low trading fees
- 10 plus free funding options are available
- MAMM Service is available
- Users will have access to TMGM academy
- Swap-free Islamic accounts can be accessed from the platform
- 24×5 customer service is available along with a live chat feature, email chat, and phone chat
- The clear free report can be accessed at anytime
- The trading platforms can be customized according to the needs
- Order confirmation, order delivery, and a lot of features are available
- EA or Expert Advisors is also available for automated trading
- The users are also allowed to trade using cryptocurrency
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TMGM Trading Platform – Conclusion
TMGM is one of the most popular Australian ECN brokers and they are slowly gaining control of the entire market.
The company is authorized and regulated by various governing bodies that include DASIC, VFSC, and various other bodies.
The trading platforms developed by TMGM are powerful tools that are equipped with premium and exclusive software to help the traders in their trading needs.
TMGM has also developed two types of trading accounts which have been developed keeping in mind the various needs of all the users.
Edge Account:
The trading account offers commission-based trading of about $7 per round turn and the raw spread charge starts from 0 pips.
Classic Account:
The trading account offers commission-free trading services and the spread charges start from 1 pip.
So, to provide a good trading application for all its traders, the company has developed 3 types of advanced and powerful trading platforms like the MetaTrader 4, MetaTrader 5, and IRESS Trading Platform that can be accessed from desktop, web, and mobiles, and mobiles.
These trading platforms have occurred with advanced services such as HUBx, for all the fund managers and TMGM Insights for portfolio diversification.
The broker also has highly trained and experienced customer service agents and they provide customer service in various languages 24 hours a day, 5 days a week via their live chat feature, email, and telephone features.
TMGM Trading Platform FAQs
Here is the list of FAQs related to the TMGM trading platform:
What is the TMGM Trading Platform called?
TMGM has developed three types of trading accounts for all its users one is the TMGM MT4 trading platform, the TMGM MT5 trading platform, and the IRESS trading platform.
All these platforms can be accessed from Windows, Mac, Android, and iOS terminals.
Does TMGM provide Web Trading?
Yes, the trader has also developed a web trading platform for all its users.
This platform can be directly accessed and used from various browsers that include desktop, mobile, and web browsers. The web trading terminal developed by TMGM is called HubX.
Is TMGM Trading Platform Free to use?
The trading platforms can be downloaded directly from the official website of the company and no cost is associated during the downloading process.
So, the users are not required to pay any amount for using the trading platforms but there might be a certain cost associated with the trading account opening process.
How to download TMGM Trading Terminal?
You may visit the official website of the company and click on the trading terminal tab.
Here you will find various download links from where you can download your desired trading platform for your station.
What features does the TMGM Online Trading Platform have?
Some of the features provided by the trading platform are:
- The platforms can be accessed from Windows, Mac for Android, and iPhone
- HubX is available for web trading
- EA or Expert Advisor feature is available
- Swap-free Islamic accounts can be accessed from the platform
- 24×5 customer service is available along with a live chat feature, email chat, and phone chat
- The clear free report can be accessed at anytime
- The trading platforms can be customized according to their needs.
Can I trade in Shares via the TMGM Trading Platform?
The users are allowed to directly trade in shares from the trading platforms made available by TMGM.
The users are also allowed to trade in many assets and for more details visit the official website.
Is TMGM Trading Terminal good?
The trading terminal is preferred by beginner and expert level traders and is quite popular.
All kinds of secure transactions can be done via trading platforms.
Can TMGM Web Trading Platform be used without EKYC?
To Use the trading platform you are required to have a trading account with the company and for opening a trading account you need EKYC verification.
Thus, the traders cannot use the web trading platform without EKIC verification.
Does TMGM Trading Platform provide Tips?
Yes, the company is known to provide various steps and advice for all its users to help them gain knowledge about the market and trading process.
How to Buy Currencies via TMGM Web Trading Platform?
Various types of payment methods can be used from the web trading platforms to buy various assets and orders.
Most of these payment methods like credit cards, debit cards, net banking, e-wallets are available in your country.
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